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Tag: NEFT

Economy

RBI allows round-the-clock fund transfers under NEFT from December

August 8, 2019 - by Abdul

The Reserve Bank of India(RBI) has announced that the National Electronic Funds Transfer(NEFT) systems would be available on a 24×7 basis from December 2019. At present,the NEFT payment system operated …

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Economy

RBI waives RTGS, NEFT charges

June 7, 2019July 4, 2019 - by Abdul

The Reserve Bank of India(RBI) has announced that it is removing all charges on money transfers done through the RTGS and NEFT modes.This decision was taken to boost the digital …

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